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U.S. CPI Data May ‘Affect’ Bitcoin This Week Bitcoin (BTC)Investors are cautious as Bitcoin experiences a minor dip ahead of Wednesday's CPI (Consumer Price Index) data release. Anticipating a 92% chance of a 0.5% interest rate hike, analysts focus on core CPI figures, expecting total inflation to drop to 3.20% YoY, the lowest since March 2021. Core CPI is also forecasted to fall to 5.1% YoY, the lowest since November 2021.Despite Bitcoin's price stability, network fundamentals show promising signs, with network difficulty set to increase significantly

U.S. CPI Data May ‘Affect’ Bitcoin This Week Bitcoin (BTC)

Investors are cautious as Bitcoin experiences a minor dip ahead of Wednesday's CPI (Consumer Price Index) data release. Anticipating a 92% chance of a 0.5% interest rate hike, analysts focus on core CPI figures, expecting total inflation to drop to 3.20% YoY, the lowest since March 2021. Core CPI is also forecasted to fall to 5.1% YoY, the lowest since November 2021.Despite Bitcoin's price stability, network fundamentals show promising signs, with network difficulty set to increase significantly
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Dear Binancians,

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- View your assets by navigating to Wallets > Earn after subscribing.
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- Due to differing global time zones, it may take 48-72 hours to receive the tokens.

*Note: Products and services mentioned may not be available in all regions.
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